The Consumer Financial Protection Bureau is suing Vanderbilt Mortgage and Finance, a unit of Berkshire Hathaway subsidiary Clayton Homes, for risky lending practices that left many consumers bankrupt ...
The Consumer Finance Protection Bureau (CFPB) today filed a lawsuit against Vanderbilt Mortgage & Finance, a Tennessee-based multi-channel nonbank lender that originates loans for manufactured homes ...
Vanderbilt Mortgage & Finance, part of Warren Buffett’s conglomerate Berkshire Hathaway, has been accused by the Consumer Financial Protection Bureau (CFPB) of manipulating underwriting ...
A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them. By Matthew Goldstein A federal regulator ...
And it’s harder to find a mortgage for amounts below $150,000, so buyers have fewer lender choices for traditional financing. On Jan. 6, the Consumer Financial Protection Bureau sued Vanderbilt ...
According to the CFPB, Vanderbilt Mortgage & Finance, a subsidiary of Clayton Homes, violated the Truth in Lending Act and Regulation Z by approving loans without properly verifying a borrowers ...
The Consumer Financial Protection Bureau has filed suit against Vanderbilt Mortgage & Finance, alleging the home-financing company pushed customers into unaffordable loans and set them up for failure.
The Consumer Financial Protection Bureau has filed a lawsuit in the Eastern District of Tennessee against Vanderbilt Mortgage and Finance, a mortgage finance firm owned by Warren Buffett’s ...
The Consumer Financial Protection Bureau filed the suit against Vanderbilt Mortgage & Finance, alleging the firm knowingly gave borrowers unaffordable loans and regularly ignored obvious red flags ...
The CFPB said that Vanderbilt Mortgage & Finance often disregarded evidence that borrowers could not afford the loans. Vanderbilt is a subsidiary of Clayton Homes, the largest U.S. producer of ...
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